20 November 2023
Foresight Sustainable Forestry Company Plc
("FSF" or the "Company")
Appointment of Sole Financial Adviser and Corporate Broker
Foresight Sustainable Forestry Company Plc, an investment company that invests in UK forestry and afforestation assets, is pleased to announce the appointment of Stifel Nicolaus Europe Limited as Sole Financial Adviser and Corporate Broker, with immediate effect.
For further information, please contact:
Foresight Sustainable Forestry Company Plc Robert Guest Richard Kelly |
fsfc@foresightgroup.eu +44 (0)20 3667 8100
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Stifel Nicolaus Europe Limited Edward Gibson-Watt Bruno Benega Rajpal Padam Catriona Neville
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+44 (0)20 7710 7600
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SEC Newgate Elisabeth Cowell
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fsf@secnewgate.co.uk +44 (0)20 3757 6882
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Notes to Editors
Foresight Sustainable Forestry Company Plc is an externally managed investment company investing in a diversified portfolio of UK forestry and afforestation assets. Targeting a net total return of more than CPI +5% per annum on a rolling five-year basis, the Company provides investors with the opportunity for real returns and capital appreciation driven by the prevailing global imbalance between supply and demand for timber; the inflation-protection qualities of UK land freeholds; and biological tree growth of 3% to 4% not correlated to financial markets. It also offers outstanding sustainability and ESG attributes and access to carbon units related to carbon sequestration from new afforestation planting. The Company targets value creation as the afforestation projects successfully achieve development milestones in the process of converting open ground into established commercial forest and woodland areas. The Company is seeking to make a direct contribution in the fight against climate change through forestry and afforestation carbon sequestration initiatives and to preserve and proactively enhance natural capital and biodiversity across its portfolio. It is managed by Foresight Group LLP.
The Company's LEI is 213800W5S9JG5JFGYO91.